Secured funding
ShopPad, a California-based e-commerce software company, has received USD500,000 in seed funding from angel investors. ShopPad, which launched in 2012, is a SaaS company that makes e-commerce sites compatible on iPads.
ShopPad claims to now be used by more than 10,000 merchants. The startup has not specified how it will use the new investment.
“Big retailers weren’t doing anything exciting [on iPad],” says company founder Aaron Wadler. “A lot of them had broken sites, and it really seemed like a mess. It got me thinking – if the really big guys can’t get this figured out, it’s going to be a huge problem for everyone else down.”
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